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Technology Stocks : LSI Corporation

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To: frank/fla. who wrote (12508)5/19/1998 2:52:00 PM
From: thomas hayden  Read Replies (1) of 25814
 
Well frank you don't need blood, but it is turning around in here. Once again in a couple of weeks we will be above 25. The next the couple of days will be a good time to add to positions. The real key element is when we turn around do we make new highs.

I think we will see a trading range fo a while, but with earnings projected to be 1.50 next year we should have an upward bent.

1.54 estimate times a PE of 28 puts us at 43, which is my 12 month target. It would be bad if LSI misses 2 quarters in a row.

About the fox show, thanks but I think I'll pass. All I'm after is a bigger bank account, and the last thing the world needs is to see my big nose coast to coast.
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